A                                
                                
                                s malls struggle to recover from the pandemic, a new wave of retailers is emerging to fill the retail void. One such player is Panda Mart, a South African discount retailer that has leased part of a former Sears store in Orange, California. Transformco Properties, owned by Eddie Lampert and operator of what remains of the Sears retail empire, has leased out an unspecified section of the 278,000-square-foot mall to Panda Mart.
    Panda Mart, which operates over 100 stores outside the US, is expected to be its first store in the country. The heavily discounted retailer sells a wide range of products, from household goods and furniture to electronics and beauty products. According to reports, Panda Mart sources most of its products from China-based wholesale distributors, including Yiwu, the largest wholesale market in China.
    The opening of Panda Mart has sparked mixed reactions among Orange County residents, with some criticizing it as "more crap from China" while others see it as a welcome addition to the area. The store's arrival is also expected to give Walmart, one of the last remaining tenants at the mall, a run for its money. The Village at Orange mall, which closed its interior in January and underwent partial demolition this summer, has been proposed for housing development, but the status of the project remains unclear.                            
realestate
Panda Mart joins OC shopping center lineup under new ownership
New retailers emerge as malls recover from pandemic, including Panda Mart at former Sears location.
                            Read More - realestate 
                            
                                
                                    
                                        
                                            
                                                
                                            
                                            
                                    
                                    
                                
                            
                        
                        
                                                realestate
                                                
                                        SPG Q3 2025 Earnings Call: Robust FFO Growth Highlights
                                                    SPG posts strong results: higher FFO, new acquisitions, dividend hike, amid Las Vegas and tariff challenges.                                                
                                                
                                            
                            Read More - realestate 
                            
                                
                                    
                                        
                                            
                                                
                                            
                                            
                                    
                                    
                                
                            
                        
                        
                                            
                                                realestate
                                                
                                        Rockpoint Buys 8‑Building Eastport Industrial Portfolio in Richmond, VA
                                                    Rockpoint, Boston PE firm, acquires Eastport Industrial Park—8 buildings, 1,068,995 sq ft, shallow-bay infill in Richmond, VA.                                                
                                                
                                            
                            Read More  
                            
                                
                                    
                                        
                                            
                                                
                                            
                                            
                                    
                                    
                                
                            
                        
                    
                                            
                                                realestate
                                                
                                        Four Arizona MLSs to share data as NorthStarMLS revamps board
                                                Agreement gives listings access to ~11,700 subscribers; NorthstarMLS adopts governance changes, LIBOR partners with KCM.